The P2P Playbook: Plannin for E-Procurement Success www.zycus.com
The P2P Playbook: Plannin for E-Procurement Success Discover the Key Success Factors every oranization especially first-time P2P (Procure-to-Pay) adopters should consider when plannin a new P2P initiative includin: Benchmarkin Develop a baseline analysis of the current As-Is P2P process and identify the Best-in-Class performance tarets of the To-Be process you want to achieve while avoidin the pitfalls that caused many early adopters to fall short of their P2P potential Business Case Analysis Create measurable ROI (Return on Investment) quantification of material cost savins and process efficiency ains Focus on Adoption (Users AND Suppliers) Examine use case scenarios to identify key usability requirements that will provide users with the uidance required for an intuitive consumer-like experience. Understand supplier challenes to remove technical or cost barriers that can inhibit the supplier on-boardin process Desin for Compliance Adopt a Best Practice approach for both Compliant Buyin from approved vendors at neotiated prices and a Compliant Process correctly cateorized coded and approved purchases that flow throuh as touchless paperless orders Prioritize the Plan Taret key cateories of both Indirect Materials and Services to maximize Spend Under Manaement and sement your supply base for optimal sequencin of supplier on-boardin waves. Develop phased roll-out strateies for enterprise-wide adoption based on Business Unit/Georaphy/Cateory structures Visualize the Future State Plan in advance for ways to optimize P2P as part of an interated Source-to-Settle process by identifyin critical linkaes with Spend Analysis Sourcin Contract Manaement Supplier Performance and Financial Savins Manaement www.zycus.com 1
Benchmarkin As with any journey embarkin on an initiative to streamline P2P (Procure-to-Pay) processes should bein with a firm understandin of both the startin place and the destination in order to chart the correct course to follow alon the way. The best way to determine the startin point is by establishin a baseline of current oranizational performance across a number of key P2P metrics. Of course many oranizations seekin to automate P2P processes lack the requisite visibility from their current systems to produce reliable internal benchmarks. Althouh actual internal baseline data should always be the startin point for the As-Is or Current State analysis this data can be supplemented by cross-industry benchmarks such as those shown in Fiure 1 below compiled from Aberdeen Group benchmarks. Fiure 1 Performance Area Laards Averae Best-in- Class / Estimate* ROI GAP Compliant Spend % of POs Compliant w/existin Contract 36% 51% 86% 50% More On Contract Averae Lost Savins 12% for Off-Contract Requisition-to-order cycles 7-8 days 2-3 days < 1 day 85% Faster Cycle Time Requisition-to-order costs $30 $27 $23 23% Savins per PO Invoice process cycles 20.8 days 9.7 days 3.8 days 82% Faster & 2x Hiher Early Payment Discount Invoice process costs $38.77 $15.61 $3.09 92% Savins per Invoice Off-Catalo Requisitions 50%* 34% 10%* 40% More Touchless POs Source: Aberdeen Group Invoicin and Workflow 2011 Effective E-Procurement 2010 E-Procurement Benchmark Report 2008 E-Procurement Trials and Triumphs 2007 www.zycus.com 2
One of the biest performance discrepancies between the haves and have-nots is reflected in the fact that 50% more POs of Best-in-Class performers are On- Contract than Laards trailin the overall market and 35% more than Averae performers. The variance between laards or even averae performers and the Bestin-Class is an ROI Gap wherein every dollar of Maverick Spend that can be brouht On-Contract can result in averae hard dollar savins of 12%. For an oranization with de-centralized buyin of Indirect Materials and Services that lacks a common P2P platform the current state process is likely somewhere below the overall industry averae probably between 40-50%. P2P cycle times and order costs also represent sinificant opportunities for process improvement. Inefficient manual or paper-based processes that take a week or more from the inception of a requisition to the placement of the PO increase user wait time and encourae maverick buyin outside the system whereas best-in-class systems with automated workflow approval processes capable of eneratin same-day POs enhance compliance and lower per order costs as much 23%. Aain oranizations with hihly manual requisitionin and PO approval processes are likely to experience req-to-order cycles of 7 days or more and a per PO processin cost of $30. The Best-in-Class performance tarets would trim elapsed cycle times by 85% and shave $7 off the processin cost of each PO transaction. Particular attention should be paid to controllin off-catalo requisitions a compliance blind spot even for most experienced P2P users. Off-catalo requisitions either for infrequently purchased items that are not available throuh an electronic catalo or services (e.. print continent labor maintenance areements etc.) that are not catalo-able items account for 1/3 or more of total requisition volume on averae and as much as 50% or more of total indirect spendin and typically end up as free-form requisitions that are likely to enerate non-compliant purchases. The oal is to apply structure to what is essentially an unstructured process to make sure that off-catalo requisitions are not off-contract. www.zycus.com 3
Business Case Analysis Since the P2P opportunity must compete with other initiatives for available budet dollars a riorous business case analysis which provides a Return on Investment (ROI) for the initiative will be a pre-requisite for obtainin upper manaement buy-in. Fiure 2 : P2P Business Case Inputs Procure-to-Pay (P2P) Pro-Forma Business Case Business Metrics - Annual Spend & Transaction Volume Total Adressable Spend (Op G&A - 2011 10-K) $632455000 Potential Maverick Spend (%) 49% Contractual Spend (%) 51% Tareted Contractual Spend (%) 75% Tareted Savins from On-Contract Spend (%) 10% Req-to-Order Cycle Time (Days) 3 Annual Requisition Volume 47434 Invoice Processin Cycle Time (Days) 10 Annual Purchase Order Volume 63246 Per PO Processin Cost $27 Annual Invoice Volume 72732 Per Invoice Processin Cost $16 Step 1: Start with the Inputs actual internal baseline data for annual spend and transaction volumes should be used wherever possible however assumptions based on industry benchmarks can provide a ood startin point to fill in any aps where data is not available. Consider the followin for each of the input fields in Fiure 2 above: Total Addressable Spend Accordin to the Gartner Group's Top 21 Critical Questions for Evaluatin and Implementin E-Procurement a reasonable oal is to capture between 80-90% of Indirect spend (both materials and services) that www.zycus.com 4
is discretionary excludin only non-discretionary indirect spendin on thins such as rent and utilities which do not lend themselves to an electronic catalo or purchase order-based processes. Contractual Spend The amount of the Total Addressable Spend which can be verified as On-Contract that is placed with approved vendors at neotiated contracted prices. Since most demand for discretionary indirect spend is driven by de-centralized buyin activity from end-users across the business oranizations that have not yet implemented a common centralized P2P platform are likely experiencin lower than industry averae compliant or oncontract spend in the example above 40% is assumed as the current rate meanin as much as 60% of the Addressable Spend is currently Maverick Spend. Tareted Savins from Contractual Spend Represents the lost savins every time an end-user makes a purchase outside of a centrally neotiated contract a maverick purchase which results in 12% hiher costs on averae accordin to relevant benchmarks. For this example a slihtly more conservative 10% savins is estimated for every dollar of maverick spend that is brouht back on contract. Annual Transaction Volume (Requisitions POs and Invoices) Apply best available estimates of annual transaction volumes Tareted Contractual Spend Best-in-Class performers have achieved 86% oncontract orders a slihtly more conservative taret of 75% has been applied in the example a reasonable taret iven the startin point. Transaction Processin Cycle Times (POs and Invoices) Where internal baseline process metrics are unavailable oranizations with some level of automated workflow approval processes miht assume current performance in line with industry averaes as shown in the example however hihly manual and/or paper-based processes are more likely trackin the laard performance level. Transaction Process Costs (POs and Invoices) As above. Step 2: Calculate Potential Benefits After obtainin internal baseline data or applyin relevant external benchmark assumptions as above it will now be possible to calculate the potential benefits of the P2P initiative to include: Material Cost Savins from Contract Compliance Often viewed as hard' dollar savins because of direct impact on budets due to lower prices paid for on-contract vs. off-contract purchases www.zycus.com 5
Transaction Cost Savins from Process Efficiency May be seen as soft dollar savins as efficiencies reduce the amount of applied time employees especially purchasin and AP staff must spend to manae routine purchase or payment transactions or to manae exceptions resultin in more time available to be applied to more strateic activities Cycle Time Improvement Overall elapsed time reduction by achievin Best-in- Class performance due to the P2P initiative Fiure : Business Value Benefits Calculation Component Current Estimate P2P Impact New Value with P2P Estimated Savins Savins from Contract Compliance ($) 40% 35% 75% $ 8750000 Maverick spend covers loss due to: Off-contract spend Non-compliance to spend budets Zycus P2P offers ease-of-use for enhanced contract compliance throuh: Ž Guided Buyin: that ensures users comply with procurement policies and buy from preferred suppliers aainst existin contracts for catalo and non-catalo requisitions Ž Link to Contracts: to ensure that prices discounts payment terms etc. are as per the neotiated contract PO Processin Cost ($) $27 15% $23 $ 100000 Includes the total cost involved in: Undersandin the end user's requirement Identifyin existin uppliers (contracts catalos etc) Copyin the information on the PO template Routin the PO for approval Printin and dispatchin the PO to the supplier Followin up for confirmation & delivery updates Zycus P2P features to reduce the PO processin cost: Ž Guided Buyin: helps the requisitioner throuh the process capturin relevant information about the required item suestin preferred/contracted vendors and routin to appropriate buyers. It avoids back-and-forth communication with the buyer to understand the actual need Ž Touchless or Lihts-out PO: ensure that buyers do not waste time orderin cataloed/contracted items and allows them to focus on strateic purchases Ž Rule-based PO Approval: expedites the cycle by routin to appropriate approvers Ž Automatic printin & dispatch: usin a customer-specific template delivered via cxml/portal Ž Supplier collaboration: portal where suppliers can acknowlede Pos create PO-flip invoice & send shippin notifications Invoice Processin Cost ($) Includes the total time it takes to: Match Invoice PO Goods Receipt Resolve exceptional mismatches $16 80% $3 $ 359950 Zycus P2P features that reduce invoice processin costs: Ž einvoices: can be easily submitted by supplier on the portal or by connectin to their back-end systems Ž Automatic 2-way/3-way matchin: for electronic & paper-based invoices usin pre-set rules & tolerances Ž Approval for on-hold invoices: to confirm & authorize payment for exceptions & expedite the process throuh email approvals Total Savins Cycle Time Improvement: Requisition-to-Order Cycle (Days) Invoice Processin Cycle (Days) $9209950 3 67% 1* 10 61% 4* *Note: Assumes Best-in-Class Cycle Time Achievement with P2P of 1 Day Order and 3.8 Days invoice Process Cycle Times www.zycus.com 6
Step 3: Analyze P2P Investment Costs While many SaaS (Software as Service) models offer all-in-one subscription pricin models which simplify the investment analysis with a sinle fixed annual license fee to cover all software hostin (includin servers and uprades) support users suppliers catalos and transactions in addition to one-time implementation fees for the initial deployment comparin a SaaS model to an on-premise model typical of ERP-based P2P solutions requires a detailed accountin of all the costs associated with an on-premise deployment for an apples-toapples comparison. In a SpendMatters Compass Series Report on Gettin the Most from ERP Procurement and Spend Manaement Applications Up-Front and Recurrin Cost Considerations must be accounted for with an on-premise model as shown in Fiure 3 below. Fiure 3 : ERP/On-Premise Up-front and Recurrin Costs Up-Front Cost Considerations Software license Database software license Operatin system software Network and security infrastructure Servers and other hardware Implementation scalin Cross-system MDM Supplier on-boardin (transactions) Supplier on-boardin (catalo content) Supplier interation Catalo implementation Data validation Initial supplier manaement/trainin Recurrin Cost Considerations Software maintenance fees (application) Software maintenance fees (other) Hardware maintenance Software service packs Software uprades Cross-system MDM IT support Help-desk support Onoin supplier on-boardin Onoin supplier manaement Back-end maintenance Catalo manaement Supplier manaement/trainin/support Source: SpendMatters Compass Series 2010 Volume 3: Gettin the Most from ERP Procurement and Spend Manaement Applications www.zycus.com 7
Focus on Adoption (Users and Suppliers) User adoption of any new system is an obvious pre-requisite for success but when it comes to P2P perhaps no enterprise system has as lare a potential user footprint. Within the enterprise any employee in any functional oranization could be either a casual user interactin with the system on an infrequent basis as a shopper or requisitoner or an occasional approver or reviewer. In addition each oranization will have a number of power users such as procurement staff or others with desinated buyin authority alon with IT or system administrator support staff. Moreover external suppliers must be on-boarded and enabled to provide catalo content and receive and respond to orders. Altoether a typical P2P deployment encompasses thousands or tens of thousands of internal users and hundreds if not thousands of suppliers. Identifyin the key usability requirements that will help achieve maximum adoption across each type and class of users while resistin the ure to develop exhaustive feature/function checklists which apply equal weiht and importance to more esoteric or seldom-used capabilities as to core usability requirements is an important step in the due dilience process. The followin are key requirements to support common P2P use cases and maximize user adoption: End Users Shoppin Amazon-like cateory and keyword search of approved vendor catalos with contracted items/pricin Filter search results by price supplier manufacturer Item details with product imaes Side-by-side item comparison Add to cart with items auto-classified to correct cateory code UOM GL Account E-forms to uide user throuh requisition for non-catalo items (includin services) automatic classification based on description present approved vendors for cateory and provide cateory-specific attributes for specification by requisitioner Saved favorites/re-order shoppin lists and saved/shared shoppin carts www.zycus.com 8
Requisitionin Requisitions can contain multiple items and suppliers Automatic default of ship to/bill to delivery date and GL accountin from user profile Ability to edit at line item level to split accountin/deliveries 3 clicks to create shoppin cart and checkout Ability to enter comments or add attachments Status Trackin Graphical view of requisition workflow approval process/status Notification of approval status Audit trail of chanes to requisition or orders Complete Goods Receipt delivery verification Power Users System Manaement and Administration Dra and drop workflow process confiuration of cateory-specific and other rulesbased workflows Support for buy on behalf of centralized purchasin with items chared to enduser account/budet code erfx functionality to obtain and compare quotes for Spot-buy or Off-catalo requisitions Ability to edit requisitions and orders prior to PO placement E-Mail notification to approvers of pendin requisitions with one-click approval (or rejection) from within e-mail (includin SmartPhone) without lo-on to P2P application User permissions (includin catalo views) restricted by oranization (Company/Business Unit/Department/Location) or user role Establish business rules and tolerances for catalo chanes and invoice matchin Automated approval workflow routin for supplier catalo content loads and updates System-wide standard and ad-hoc reportin includin full spend transaction reportin of properly classified (followin UNSPSC or industry or company-specific taxonomies) spend data www.zycus.com 9
Accounts Payable einvoicin/payment Matchin Rules-based three or two-way matchin of oods receipt PO and Invoice Suppliers Supplier Portal/On-boardin Receive supplier enerated invoices (via cxml or portal) create electronic invoice throuh on-line input or OCR (Optical Character Reconition) paper invoice scannin Interation to back-end Financial Accounts Payable/ERP systems of approved ( OKto-Pay ) payment matchin for vendor remittance with updates to P2P system for payment trackin Self-service tools to upload catalo files or punchout credentials with buyer workflow approval routin to review and approve catalo item and pricin updates Multiple catalo file upload formats supported (CSV CIF XML) automatically mapped to standard catalo template without requirin supplier to re-format catalo file Auto-classification of catalo content to UNSPSC standard cateories Electronic (cxml) PO delivery or e-mail notification with portal access to receive and confirm POs and create a PO-flip invoice or ASN (Advanced Ship Notice) No participation or transaction fees to suppliers Supplier on-boardin project manaement and support services www.zycus.com 10
Desin for Compliance The underlyin driver for P2P adoption is compliance both Compliant Buyin from approved vendors at neotiated prices and a Compliant Process correctly cateorized coded and approved purchases that flow throuh as touchless paperless orders. The first oal Compliant Buyin is only partially achieved by enablin users to search from approved vendor catalos at neotiated prices. But many P2P systems have a compliance blind spot when users need to buy somethin that is not on the catalo either a non- cataloable service such as continent labor print maintenance or professional services or an unplanned spot buy that is not on the catalo. In most cases these non-catalo items result in free-form requisitions that are prone to be misclassified and therefore routed throuh the wron cateory workflow approval process and coded to the wron General Leder Account and because they do not automatically suest an approved vendor could result in off-contract or Maverick Buyin. Zycus has introduced Guided Buyin as a P2P innovation that closes the compliance blind spot for off-catalo requisitions which account for 1/3 or more of all requisitions in a typical P2P deployment and as much as 50% or more of total spendin enablin both hiher levels of Buyin and Process Compliance. Think of it as a GPS for P2P a Guided Procurement System that is. Users that can t find what they are lookin for from a catalo search can launch Guided Buyin at any point in the process and be presented with a cateory-specific G-Form ( a uided e-form) derived from auto-classification of the relevant cateory as suested by the user search term or item description. As described by Pierre Mitchell Chief Procurement Research Officer from The Hackett Group Zycus' AutoClass LiveConnect does real-time auto classification to let the user confirm the appropriate spend cateory and can then be used to help uide that requisitioner to the preferred supplier and the preferred buy-pay channel. This is what makes the technoloy powerful not just a slick consumerized UI. Fiure 4 Actual Requirement: "Electric screw driver for use in hard-to-reach places" Searches "Screw Driver" Requester Guided Buyin With Autoclass & G-forms Also classifies catalo and punch-out items Help the requester select the riht cateory Screw Driver Pick a cateory from the list below or search screw driver Wrenches and drivers Power tools Anchors Screws Search Cateory specific G-Form captures details Drive * : Torque * : Options : Electric Electric Pneumatic Hydraulic Narrow nose for inaccessible places Forward and reverse drive Incumbent suppliers for the cateory Power tools Total Records : 2 Enriched item description Correct cateory codin preferred Vendor routin Supplier Name Preferred Contracted Actions Grainer Inc. Yes Yes (View) View Details Black & Decker Co. No No View Details Showin Paes 1 of 1 Suest the riht supplier ti the requester Here s an example of how Guided Buyin works a catalo search for Screw Drivers yields plenty of hits but none match the user s specialized requirements in this case a narrow-nosed electric screwdriver accessible to hard-to-reach places. By launchin Guided Buyin the user is presented with the proper classification and the appropriate G-Form to specify the exact requirements as well as the preferred vendor for the cateory as shown in Fiure 4. www.zycus.com 11
A compliant process desin also requires that cateory-specific workflow approval processes be easy to confiure and deploy and should afford end-users with end-to-end status visibility. As shown in Fiure 5 below a raphical dra and drop workflow process confiurator makes it easy to deploy cateory or business unit specific role-based workflow processes with multipleapproval levels that ensure adherence with company buyin policies and procedures. Fiure 5 Requester Reportin Manaer Reject Requisition Approve Requisition Property Panel Dynamic Actor's Properties Desination Equals VP (Operations) www.zycus.com 12
Prioritize the Plan Temptin as it miht be to address all spend cateories on-board all suppliers and ramp all users in each eoraphic location across the lobe at the outset of project Go Live in a Bi Ban deployment stratey best practices indicate that for an oranization of any size and scale a phased approach is a requirement for success. Plan on short phases thouh - not more than a quarter per phase or at least as quickly as the oranization can assimilate as the technoloy iven a Saas ( Software as a Service) deployment model and web 2.0 usability features will not be a constraint for any oranization lookin for a rapid implementation and speed-to-benefit. Some best practice considerations for developin a prioritized plan with appropriate phasin include: 1. Start with Cateory Tarets Identify the top Materials and Services cateories to be included in Phase I of the P2P roll-out. A cateory-based stratey is essential to ain positive traction with users and will be a pre-requisite to inform subsequent phasin decisions. One of the biest deterrents to user adoption is to launch the P2P solution and have frustrated users that lo-on to shop only to leave disappointed because they could not find what they were lookin for the adoption risk is that some percentae of those users will never return because of a bad first experience. By adoptin a cateory-centric approach to the implementation plan the priority becomes on-boardin all the relevant suppliers for the tareted cateory to achieve a critical mass of content thus ensurin that users focused on the cateory are much more likely to have a rich on-line shoppin experience with a broad rane of choices from which to compare leadin to a positive experience and stron word-of-mouth buzz for the new solution. Of course a rapid ROI is equally important as if somewhat dependent on user adoption. Cateory prioritization decisions should ordinarily start with a hih level spend analysis to bucketize key spend cateories which enerate the hihest spend and transaction volumes. From an indirect materials standpoint many oranizations experience larer volumes in cateories such as IT Capital MRO (Maintenance Repair and Operations) or Office Products however services cateories cannot be overlooked when the oal is to achieve maximum spend and process coverae with P2P. As shown in the Hackett Group analysis in the fiure below Indirect cateories that are Primarily Services-Related such as Corporate and Professional Services Loistics Marketin and Travel constitute almost half of total indirect spendin and when services embedded in primarily product related cateories such as MRO/Facilities IT/Telecom and Capital are factored in overall purchased services spendin makes up nearly 2/3 of total indirect expenditures. www.zycus.com 13
Fiure 6 Most Companies' indirect expenditure are services-related Indirect spendin breakdown Marketin related 12% T&E related 7% Capital expenditures 18% Products and some services Primarily services-related Loistics spendin 14% Corporate and professional service 15% 17% IT/ telecom 17% MRO and facilities expenses Source: The Hackett Group Spend/Savins Visibility Study. 2010 2. On-Board Cateory Suppliers havin selected the key cateories for Phase I it is now possible to develop a tareted list of cateory-specific suppliers for on-boardin. At this stae there should be another cut of the spend data to determine those suppliers which constitute the reatest proportion of spend and transaction volume within the cateory. An additional benefit of this supplier prioritization is that these are also larer suppliers which are enerally more technoloically savvy and will require less time and support throuh the on-boardin process. 3. Stae the User Ramp the cateory selection decisions should help determine which types of users to focus on in the first phase of user trainin and roll-out. From an adoption standpoint users that are more likely to assimilate the new technoloy IT or Administration for example miht be prioritized to enerate some early traction and quick wins. Moreover lobal enterprises should plan for a eoraphic phasin of their roll-out stratey usually startin with the headquarters and other locations within the country that the oranization is headquartered before movin on to other eoraphies around the lobe the assumption bein that those locations are more likely to have available support resources to ensure a smooth rollout. Oranizations with multiple business units should also consider establishin a proof-ofconcept within a sinle business unit as a beachhead before replicatin that success within other business units. 4. Confiure for Cateories the cateory prioritization decisions will also help drive content development and system confiuration decisions. For services cateories in particular relevant e-form templates should be customized and confiured accordin to the oranization's standards and requirements. Likewise cateory-specific workflow approval processes will be confiured accordin to the schedule alon with development of company specific cateory taxonomies or hybrid taxonomies that leverae industry or company-specific terminoloy at hiher levels alon with the most ranular cateorization from a standard taxonomy such as UNSPSC (United Nations Standard Products and Services Code) at the lowest levels. 5. Plan the Work Work the Plan the underpinnin of whichever phasin stratey is adopted cateory-based or otherwise will naturally be a detailed project plan spannin the entire www.zycus.com 14
project but with specific deliverables and milestones for each phase especially Phase I. A representative hih-level Phase I project plan which can be completed within 60 days includes the followin activities as shown below. Phase I P2P Project Plan Tool set up (Weeks 1-2) # As-is procurement process study # Understandin the customer business practices and rules # Master data set up # User profile confiuration # Confiuration of business rules # Workflow confiuration Tool trial run (Weeks 3-6) Interation (Weeks 3-6) # Understandin interation requirements # Creation of Interation architecture framework # Interation connection Supplier on-boardin (Weeks 1-6 and Onoin) # Supplier proram manaement- Callin and on-boardin the suppliers Catalo Manaement (Weeks 2-6) # Initial catalo upload assistance Trainin (Week 3) # Train the trainer approach- Onsite trainin with up to 15 attendees Tool roll out (Weeks 6-8) Visualize the Future State In addition to achievin the tareted P2P performance levels established throuh the benchmark and business case analysis steps up-front there remain further opportunities for process optimization by synchronizin P2P with the overall Source-to-Pay process by identifyin critical linkaes with Spend Analysis Sourcin Contract Manaement Supplier Performance and Financial Savins Manaement disciplines and applications. For example prioritized cateory savins opportunities identified throuh Spend Analysis which automatically initiate Sourcin projects result in contractual areements that feed the P2P system with contracted pricin and terms. Moreover supplier performance ratins can inform preferred vendor selections as users search vendor catalos and select products. In addition P2P spend can be tracked aainst contractual areements to calculate volume rebates realized contract savins or SLA (Service Level Areements) performance or BPA (Blanket Purchase Areement) usae. www.zycus.com 15
About Zycus At Zycus we are 100% dedicated to positionin procurement at the heart of business performance. For more than a decade we have been the world's most trusted leader in Spend Analysis. With our spirit of innovation and a passion to help procurement create even reater business advantaes we have evolved our portfolio to a full suite of Procurement Performance Solutions Spend Analysis esourcin Contract Manaement Supplier Manaement Financial Savins Manaement and Procure-to-Pay. Behind every Zycus solution stands an oranization that possesses deep detailed procurement expertise and a sharp focus on bein responsive to customers. We are a lare 600 and rowin company with a physical presence in virtually every major reion of the lobe. We see each customer as a partner in innovation and no client is too small to deserve our attention. With more than 200 solution deployments amon Global 1000 clients we search the world continually for procurement practices proven to drive competitive business performance. We incorporate these practices into easyto-use solutions that ive procurement teams the power to et movin quickly from any point of departure and to continue innovatin and pushin business and procurement performance to new heihts. NORTH AMERICA Princeton: 103 Carneie Center Suite 117 Princeton NJ 08540 Ph: 609-799-5664 Chicao: 5600 N.River Road; Suite 800 Rosemont 1L 60018. Ph: 847-993-3180 Atlanta: 555 North Point Center East; 4th Floor Alpharetta GA 30022. Ph: 678-366-5000 EUROPE London: Reus - Readin Thames Valley Park Office No 335 400 Thames Valley Park Drive UK 44 (0) 11 8963 7400 ASIA Mumbai: Plot No. GJ 07 Seepz Seepz SEZ Andheri (East) Mumbai Maharashtra 400 096 Ph: 91-22-66407676